Ascension is Free Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 4 grants totaling $110K. Net investment income was $589K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+12.1% YoY
Annual Giving
$110K
+34.1% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$28K
+34.1% YoY
Under IRS private-foundation payout rules, Ascension is Free Foundation reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.
About Ascension is Free Foundation
Based on IRS filings
Ascension is Free Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 4 grants totaling $110K. Net investment income was $589K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | $2,809,955 | $2,506,786 | $2,502,536 |
| Revenue | $455,726 | $123,626 | $2,509,653 |
| Expenses | $152,557 | $106,024 | $7,117 |
| Qualifying Distributions | $126,727 | $96,282 | $5,765 |
| Net Investment Income | $588,638 | $425,978 | $318,863 |
| Distributable Amount | $152,483 | $110,058 | $13,243 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alzheimers Services of the Capital Area ($30,000), Capital Area Family Violence Battered Womens Pro ($30,000), Emerge Center Inc ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS SERVICES OF THE CAPITAL AREA BATON ROUGE, LA | Charlie's Place in Ascension Parish for Scholarship Fund, overhead fund, and to purchase furniture/supplies | $30,000 |
| ASCENSION COMMUNITY THEATER INC GONZALES, LA | General & Unrestricted | $20,000 |
| CAPITAL AREA FAMILY VIOLENCE BATTERED WOMENS PRO BATON ROUGE, LA | The Children's Program | $30,000 |
| EMERGE CENTER INC BATON ROUGE, LA | Bloom Program - Ascension Parish residents first; emergency distribution upon approval of scholarship committee | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Beryl S Smith | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ascension is Free Foundation?
Ascension is Free Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $2.8M in total assets as of 2024.
How large is Ascension is Free Foundation?
As of 2024, Ascension is Free Foundation holds $2.8M in total assets with $456K in annual revenue. It awarded 4 grants totaling $110K in 2024.
Where does Ascension is Free Foundation operate?
Ascension is Free Foundation has awarded grants in Louisiana.
What size grants does Ascension is Free Foundation award?
In 2024, Ascension is Free Foundation awarded 4 grants totaling $110K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is Ascension is Free Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ascension is Free Foundation reported a distributable amount of $152K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ascension is Free Foundation's EIN?
Ascension is Free Foundation's EIN (Employer Identification Number) is 87-2552955. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Ascension is Free Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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